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Marblehead 01945
7 Ida Road
Photo of 7 Ida Road
Sold on Jul 9, 2007

1

Map

$823,000
● House - Off Market

7 Ida Road

Marblehead, MA 01945
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,256 Ft²
$1,572,266
RealtyHop Estimate
87.40%
Since Aug 1, 2007
MA-Boston
Primary Model

About This Property

Exciting Young Contemporary Colonial offering ,marble,wood, VAULTED CEILILNG, LARGE OPEN  areas, OVERSIZED windows and eye catching detail. DRAMATIC GREAT ROOM WITH 13FT CEILING  3 1/2 baths, BRIGHT Eat in Kitchen  Large Dining Room, Living Room, Room, In-Law Au Pair Potential, Ample Space in the basement for playroom or home gym. Central Air, Cental Vac, 2 Car EE Garage, and more. Great  Layout Great Area Best Value! New Price and New Look.
Unit Size
3,256 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$258
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #70504971)

Price History

Date / Event Date Event Price
Jul 9, 2007 Sold
Premium
Sold
Jan 3, 2007 Listed $839,000
Listed
Feb 1, 1999 Sold
Premium
Sold
Dec 10, 1998 Listed $532,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,183
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 3,430
  • Gross Building Area: 6,478
  • Building Area: 3,430
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,430
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLEHEAD
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0041 B:0077 L:0
  • Block: 77
  • Municipality: MARBLEHEAD
  • Latitude: 42.4899
  • Longitude: -70.8756

    Address

  • Full Address: 7 Ida Rd
  • Address - House Number: 7
  • Address - Street Name: Ida
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C013
  • 4-Digit Zip Code: 2058
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,018,300

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 1,408,589
  • High Value: 1,696,760
  • Low Value: 1,120,418

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,136,500
  • Assessed Land Value: $463,800
  • Assessed Improvements Value: $672,700

    Sales

  • Current Sale Recording Date: Jul 09, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 01, 1999
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marblehead

Stats & Trends

Median Asking:

$992,000

Sale Price/ft²

$553

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2929 ft²

Average Home Age

96 years

Currently For Sale

41 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70504971

Frequently Asked Questions

When was property at 7 Ida Road built and last sold?
The property at 7 Ida Road was built in 1983 and last sold on Jan 1, 1970 for $823,000.
How much is this home worth?
The estimated value of the home located at 7 Ida Road is $828,686.
What are some comparable homes to 7 Ida Road?
There are currently no comparable homes to 7 Ida Road.
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